They have adjusted my account to 25:1 leverage because "the trading pattern in my account is technically scalping".They said :"If you can demonstrate that your trading will not use this scalping method we can look at restoring your leverage back to normal.We will look at your account in another 10 days to review your trading." : (
They have adjusted my account to 25:1 leverage because "the trading pattern in my account is technically scalping".They said :"If you can demonstrate that your trading will not use this scalping method we can look at restoring your leverage back to normal.We will look at your account in another 10 days to review your trading." : (
Use O A N D A have not had a problem with them.
TommyT
hmm funny isn't it... what size point wise have you been taking? wonder if you put trades through and they scalped you on same stop size if you could claim your money back from them?
Please wait for a site operator to respond. Customer Support: Hello, how may I help you? Visitor: hello, could you tell me if you have any scalping policies in place and how does it work ? Customer Support: Yes Customer Support: you cannot hold trades for seconds Visitor: what am I limited to ? Customer Support: anything longer is okay Visitor: ok so its based on a time factor and not points ? Customer Support: yes Visitor: whats the cut off time factor sub 60 seconds? Customer Support: yes Visitor: ok but 61 seconds is ok ? Customer Support: there is no set time Visitor: right so its based on points then ? Customer Support: The banks monitor large amounts of money for scalping Customer Support: smaller account get by fine Customer Support: time Customer Support: 20 lots or greater Visitor: there is no set time, yet its based on time. Customer Support: the maller the time frame and the larger the amount in lots, you will get red flagged Customer Support: smaller Visitor: ok but sub 20 lots is free to trade in seconds ? Customer Support: It will go below the radar Visitor: ok thanks for your time there, very helpful. Customer Support: As you approach 20 lots the roskier it gets for you Visitor: ok, thanks again., goodbye
They have adjusted my account to 25:1 leverage because "the trading pattern in my account is technically scalping".They said :"If you can demonstrate that your trading will not use this scalping method we can look at restoring your leverage back to normal.We will look at your account in another 10 days to review your trading." : (
Use an ECN and you can scalp as much as you want. Forget those retail platforms, not a single one is going to be good for those types of trades.
serpfra1, I am surprised with their attitude and action! What problem do they have with scalping? I think there is clause in their aggrement regarding scalping. There are no writting rules of trading, it all depends on the trading styles which suits to traders.
Licensed Brokers
Re: - No Scalping!!!
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